5 Best Low Price Pharma Stocks To Buy Now

2. Ironwood Pharmaceuticals, Inc. (NASDAQ:IRWD)

Number of Hedge Fund Holders: 19

Share Price as of October 17: $10.09

Ironwood Pharmaceuticals, Inc. (NASDAQ:IRWD) is a Massachusetts-based healthcare company, focused on the development and commercialization of gastrointestinal products. The company uses its free cash flow to pay off debt and buy back stock. Ironwood Pharmaceuticals, Inc. (NASDAQ:IRWD) is one of the premier low price pharma stocks to buy now. 

Capital One analyst Tim Chiang on September 2 initiated coverage of Ironwood Pharmaceuticals, Inc. (NASDAQ:IRWD) with an Overweight rating and a $15 price target.

According to Insider Monkey’s second quarter database, 19 hedge funds held stakes worth $329.7 million, compared to 21 funds in the last quarter worth $367 million. Alex Denner’s Sarissa Capital Management is the largest stakeholder of the company, with 16.4 million shares valued at $189 million.